May i merely say such a support to get somebody that actually recognizes exactly what they are speaking about on the internet… understanding angel investing is challenging and you clearly have the experience to understand it. thanks for sharing.

mare finee said,

in August 11th, 2012 at 8:21 pm

This is something I struggle with because I just don’t know if they have the money to be an investor even though they seem like they might. Glad to know that proving they are accredited is really on their statement as such — just signing the investor questionnaire.

What makes someone an accredited investor? | MyVirtualAngelWorld.com…

james manning said,

in August 27th, 2012 at 8:54 pm

attracting those types of investors??

What makes someone an accredited investor? ….Thanks for clarifying this confusing issue.

“Accredited” is based on the amount of income and net worth. The amounts have recently changed, and increased, as a result of the Dodd-Frank act. However with the Jobs Act of 2012, there may soon be a way for entrepreneurs to legally raise capital from non-accredited investors. Currently they can but are limited to 35 non-accredited.